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Macomb County MI Real estate

Macomb County MI real estate blog

Entries from February 2010

Making an offer on a HUD home? Here’s how to protect yourself before you close on it.

February 23rd, 2010 · No Comments · macomb county MI, tips for home buyers, tips for purchasing a foreclosure

A few days I wrote an article about the National Association of Realtors® taking a stance and adding to their Standards of Practice the verbage “don’t give out the lockbox code!”.   While reading and commenting it reminded me of something that is taking place with HUD owned homes:   The locks are re-keyed with the same […]

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The fine print – about the first time home buyers tax credit – Important!

February 9th, 2010 · 2 Comments · first time home buyers, Tax credit for first time home buyers in Macomb County MI, tips for home buyers

One of the common misconceptions for home buyers (and some real estate professionals) is that the first time home buyers tax credit is $8000 for all buyers. When reading the fine print of the IRS form 5405 there is an entry line to fill out asking for the smaller of 2 items:  $8000 or 10% […]

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Making an offer to purchase a Macomb County home? Ask your buyers agent to help you avoid an appraisal issue

February 5th, 2010 · No Comments · Appraisals in Macomb County MI, macomb county mi real estate market, tips for home buyers

When you plan on purchasing a home using mortgage money it doesn’t matter what type of mortgage you are applying for (FHA, VA, Conventional) – your mortgage lender is going to order an appraisal of the homes value. They will want to make sure that the amount of money you are asking to borrow is […]

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Moving to Easpointe? One our of local “treasures” is Marcos Meats on 9 Mile

February 3rd, 2010 · No Comments · Eastpointe

Yesterday while out and about doing my personal errands I stopped in to my favorite meat market – Marcos Meats. Anyone that knows me knows that I am a big proponent of having a business website.  Yesterday while in Marcos I learned that they finally have a website up, and I must say it looks […]

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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.